More than half of Canadian adults aged 26 to 65 have completed post-secondary education.
Those with a post-secondary degree earn 39% more, on average, than those without a post-secondary education. A child is three times more likely to attend post-secondary knowing they have funds available. Plus, 97% of children WILL use their RESP.
Economic growth and replacement needs are expected to create almost 6 million new jobs by 2024, two-thirds of which will require college, university or vocational education.
Those with a post-secondary education also benefit from employment stability and often pension plan coverage.
Post-secondary education enhances ‘soft skills’ such as resilience, initiative, and team work – traits that are necessary to succeed in changing job market.
An educated workforce adds value to society in the form of an active citizen, as post-secondary graduates are more likely to vote, volunteer and donate.
Total Funds Available For Post-Secondary
Is the expected amount available for the student to use. It is a combination of the savings, grants, and compound interest on both.
Total Contribution Goal
Is the amount planned to be saved. Saving contribution can be made until Dec 31st of the child's 17th
*Canada Learning Bond received is subjest to the family's annual gross income.
*Canada Learning Bond received is subjest to the family's annual gross income.
$130 per month is the amount most Canadian families are saving per child.
*Canada Learning Bond received is subjest to the family's annual gross income.
Saving $0 per month for a child
*Canada Learning Bond received is subjest to the family's annual gross income.
Parent's can use the accelerator option to make small annual percentage increases to the initial savings amount to ensure their child has more savings, grants, and interest for use.
The Accelerator can be increased, decreased, or stopped at any amount at anytime with no penalties.
Find out how much CCB your family has and how you can use it to cover the costs of your child's post-secondary education!
All education grants sit under your child's SIN number. If you have not registered for their SIN number you cannot take full advantage of the grants available.
Not registered for your child's education grants and RESP? You can now get started by using our quick and easy online virtual registration appointment!
As Canada's largest RESP provider, see why more families prefer to use this not-for-profit specialist provider.
Our Flex First Plan was designed by the parents that use it. Made for todays children's education needs.
We understand how important it is to feel your savings are safe. That is why we use the best people to help us.